Myntra - Lead Associate - Buying

About the Company:

Who are we? Myntra is Indias leading fashion and lifestyle platform, where technology meets creativity. As pioneers in fashion e-commerce, weve always believed in disrupting the ordinary.We thrive on a shared passion for fashion, a drive to innovate to lead, and an environment that empowers each one of us to pave our own way. Were bold in our thinking, agile in our execution, and collaborative in spirit.

Here, we create MAGIC by inspiring vibrant and joyous self-expression and expanding fashion possibilities for India, while staying true to what we believe in.We believe in taking bold bets and changing the fashion landscape of India. We are a company that is constantly evolving into newer and better forms and we look for people who are ready to evolve with us.

From our humble beginnings as a customization company in 2007 to being technology and fashion pioneers today, Myntra is going places and we want you to take part in this journey with us.Working at Myntra is challenging but fun - we are a young and dynamic team, firm believers in meritocracy, believe in equal opportunity, encourage intellectual curiosity and empower our teams with the right tools, space, and opportunities.

Job Information:

Lead Associate - Buying

Roles & Responsibilities:

Roles:

- Buying for key brands within Myntra s Private Labels & Licenses portfolio

- A comprehensive role which involves all aspects of business - Analytics, Financial planning, Range planning, Brand Strategy, Marketplace Vendor Management

Responsibilities:

Responsible to optimize sales by monitoring:

- Revenue

- Margins

- Growth of Category

- Review style level performance based on metrics such as ROS, Sell thru, DRR, Discount.

- Financial analysis - Sales, Margin, Discount and Inventory related analysis

Range/ Assortment Planning:

- Product-Brand mapping

- Season wise Product Range planning/ Assortment working based on past performance & growth / revenue targets to ensure that the brand is well represented

- Effectively planning and forecasting in order to maximize profitability

- Trend forecasts and implement sales plans

- Actively participate in Brand development/ Range/Product development through analytics-based insights

Visibility Planning:

- Category visibility planning & interventions - planning banners for respective brands and raising banner requests on time

Inventory Management:

- Planning for the inventory flow for entire brand

- Work in close coordination with the Planning and Pricing team for optimizing Scale / Inventory/OTB/Capacities.

- Management of OIs / Inwards, Cataloguing and driving and improvising the processes.

Marketplace and Vendor Management:

- Identify gaps in product offerings & subsequently introduce / onboard new vendors across whitespaces

- Vendor on-boarding and day-to-day operations

Vendor-Product Mapping:

- Coordinating with MP vendors to ensure the category gaps are appropriately fulfilled, the collection is live on time, pricing is as per demand

Operational Excellence:

- Prior experience or knowledge of data analysis & interpretation, Discount monitoring, Collaborating with cataloguing team to get products shoot, content creation and right information of the product being shared and improvising on processes to constantly improve customer experience

Qualifications & Experience:

- 4-5 years of experience in Apparel Buying / Planning / Merchandising. (Preferably E- Comm)

- Familiarity with Category management with understanding of Market dynamics and sound business judgement

- Strong MS Excel skills with numbers acumen and be comfortable in collecting, analysing and interpreting data

- Experience with handling Market place will be an added advantage

- Good organizational skills including prioritizing, scheduling, time management, and meeting deadlines

- Willingness to learn, innovate, take initiatives

- Ability to negotiate and sustain networking relationships

- Customer centric, creative & analytical problem-solving mindset

- Ability to work as part of a team & collaborate with others